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Lenders One Launches eClosing Solution for Members

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Independent mortgage banks that are members of the Lenders One Cooperative will have access to a new eClosing solution.

The alliance announced the launch at its annual summer conference Monday and said that the solution will offer an entirely paperless workflow that integrates every component of the closing process and guides users through each step.

Lenders One eClosing by DocMagic can cut the average loan closing “at the table” from 60 minutes to just 15, creating significant time and efficiency savings for lenders and their customers.

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